Date: December 18, 2014

The 17 policies on SR&ED expenditures and the calculation of SR&ED investment tax credits have been revised to accommodate the legislative changes that have been announced from 2012 to the present. Each revised policy document includes an appendix entitled “Explanation of changes” that explains the changes that were made in that particular policy document. The December 2012 version of these policy documents are archived but will be made available until June 30, 2015.

The policy documents that have been revised are:

SR&ED Filing Requirements Policy

Traditional and Proxy Methods Policy

SR&ED Salary or Wages Policy

Materials for SR&ED Policy

Contract Expenditures for SR&ED Performed on Behalf of a Claimant Policy

SR&ED Lease Expenditures Policy

SR&ED Overhead and Other Expenditures Policy

Third-Party Payments Policy

SR&ED Capital Expenditures Policy

Pool of Deductible SR&ED Expenditures Policy

Total Qualified SR&ED Expenditures for Investment Tax Credit Purposes Policy

Prescribed Proxy Amount Policy

SR&ED Shared-Use-Equipment Policy

Assistance and Contract Payments Policy

SR&ED Investment Tax Credit Policy

Recapture of SR&ED Investment Tax Credit Policy

SR&ED Claims for Partnerships Policy